$1,150,000
●
Condo -
Off Market
124 Payson Rd. #2
Belmont, MA 02478
4 Beds
2 Baths
2,069 Ft²
$1,113,715
RealtyHop Estimate
1.34%
Since Jun 1, 2022
MA-Boston
Primary Model
About This Property
Two level Payson park beauty! Sun drenched large renovated unit
ready for move in. Gleaming hardwood floors in large open layout
with tree top master bedroom suite. High ceilings, fireplace
livingroom , recessed lighting, and modern systems throughout. High
efficiency heat pump HVAC , 200 amp electric service, and open
Quartz kitchen fully appliance including in unit washer & dryer.
Attractive Stone front exterior complimented by Hardi Plank siding
for low maintenance living. Garage parking plus one deeded. Large
outdoor space on generous lot. Flooded with natural light and
tranquil views in highly coveted location ! Very convenient to bus
routes, shopping , and Cambridge.
Unit Size
2,069 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$531
Property Type
Condo
Property Taxes
$1,178
HOA Dues
$250
Year Built
1920
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 years ago (MLSPIN #72948973)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 17, 2022 | Sold | ||
| Sold | |||
| Mar 3, 2022 | Listed by Ingram Realty Co. | $1,099,000 | |
| Listed by Ingram Realty Co. | |||
Property Highlights
Air Conditioning
Garage
Parking Available
Interior Details
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Electric Water Heater, Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
Flooring Type: Tile, Vinyl, Hardwood
Laundry Features: In Unit, Washer Hookup
Rooms: 9
Has Fireplace
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Parking Features: Detached, Garage Door Opener, Assigned, Off Street, Deeded, Paved
Garage Spaces: 1
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Renovated Since
PropertySubType: Condominium
Building Name: 124 Payson Rd. Condominiums
Structure Type: 2/3 Family
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame, Stone
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Size Area: 0.19
Lot Size Units: Acres
Lot Size Acres: 0.19
Zoning: RES
Parcel Number: 356742
Water Source: Public
Financial Details
Tax Assessed Value: $1,225,000
Tax Annual Amount: $14,137
Utilities Details
Utilities: for Gas Range, for Electric Dryer, Washer Hookup
Cooling Type: Central Air, Heat Pump
Heating Type: Central, Forced Air, Heat Pump, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Grounds, Trash
Association Fee Frequency: Monthly
HOA Fee: $250
Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
Complex is Completed
Management: Owner Association
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/03/2022
|
4 Bed
|
2 Bath
|
2069 ft²
|
$1,099,000
4 Bed
2 Bath
2069 ft²
|
$1,150,000
+4.64%
05/17/2022
|
Dana Ingram
Ingram Realty Co.
| |
|
03/03/2022
|
3 Bed
|
2 Bath
|
1886 ft²
|
$999,000
3 Bed
2 Bath
1886 ft²
|
$1,052,140
+5.32%
05/10/2022
|
Dana Ingram
Ingram Realty Co.
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017